Should You Sell Vuzix Corporation (VUZI) And Go Away This Year?

Vuzix Corporation (NASDAQ:VUZI) currently has a daily average trading volume of 1.09M but it saw 1261604 shares traded in last market. With a market cap of 95.70M USD, the company’s current market price of $1.30 came rising about 16.07 while comparing to the previous closing price of $1.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.50 and as low as $0.83. In the recent trading on the day, stock has struck highest price mark of $1.1 while lowest mark touched by it was $1.31.

Taking a look at 20-day trading activity of Vuzix Corporation (VUZI) gives us an average price of $1.1451, while its current price level is -48.00% below from 52-week high level whereas it is 56.61% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.1745 while that of 200 days or SMA-200 reads an average of $1.2751. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.61% during that period while stretching the period over a month that decreases to 9.95%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 59.31 which implies that the stock is in neutral territory.

Over the week, VUZI’s stock price is moving 20.37% up while it is -0.76% when we observe its performance for the past one month. Year-to-date it is -37.65% down and over the past year, the stock is showing a downside performance of -41.31%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.28 beaten by the consensus estimate of -0.12 for the same. The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. Moreover, analysts are in estimates of $1.52M for current-quarter revenue.

Currently, Vuzix Corporation’s total number of outstanding shares is 64.73M with 17.42% of that held by the insiders while 13.64% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -201.09% and return on equity (ROE) at -117.97%. Stock’s beta reads 1.50. Stock has a price to book (P/B) ratio of 2.42 while price to sale or P/S ratio amounts to 17.24. Its return on asset (ROA) is -111.69% on average.